**CRAWLEY YOUTH AND COMMUNITY CENTRE** **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** **__________________________________________________________________________________________** ## **CRAWLEY YOUTH AND COMMUNITY CENTRE** (A company limited by guarantee) REGISTERED NUMBER: 3317786 REGISTERED CHARTY NO: 1063751 ## **FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31[ST] MARCH 2021** - 1 - **CRAWLEY YOUTH AND COMMUNITY CENTRE** **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** **__________________________________________________________________________________________** |**Contents**|**Pages**| |---|---| |Directors and Trustees|3| |Report of the Trustees and Directors|4-5| |Statement of Financial Activities|6| |Balance Sheet|7| |Notes to the Financial Statements|8-12| - 2 - **CRAWLEY YOUTH AND COMMUNITY CENTRE** **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** **__________________________________________________________________________________________** ## **DIRECTORS AND TRUSTEES** Mr. M. James Mrs. M. Mayne Mrs. L. Moffatt Mrs. N.Shaw. Mr K. Panesar Mr. R.A.Sharma Mr. I. Narayanan Mr. Subodh Dharni ## **SECRETARY** Mr. K. Panesar ## **CHAIRMAN** Mr M James ## **TREASURER** Mr I.Narayanan ## **HON. LIFE PRESIDENT** Mr P. Longley ## **HON. LIFE MEMBERS** **REGISTERED OFFICE** Longmere Road, Crawley, West Sussex. RH10 8ND ## **BUSINESS ADDRESS** Longmere Road, Crawley, West Sussex. RH10 8ND ## **PRINCIPAL BANKERS** CAFCASH Limited, Kings Hill, West Malling, Kent. ME19 4TA The directors and trustees present their annual report with the financial statements of the charitable company for the year ended 31[st] March 2021. ## **LEGAL AND ADMINISTRATIVE** The company (a charitable company limited by guarantee and not having a share capital) was incorporated on 13[th] February 1997. Crawley Youth Centre (CYCC) applied for and was granted charitable status. Its charity registration Number is 1063751. - 3 - **CRAWLEY YOUTH AND COMMUNITY CENTRE** **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** **__________________________________________________________________________________________** The company changed its name to Crawley Youth and Community Centre. On 6[th] December 2011. (Submission No 018-115731) The objectives of the charitable company are: 1. To help and educate young people resident in the Borough and District of Crawley through their leisure time activities and so to develop their physical, mental and spiritual capacities so that they may grow to full maturity as individuals and members of society and that their condition of life be improved. 2. To offer adult members of the community. Particularly the elderly, leisure activities to enhance their everyday lives. ## **REVIEW OF ACTIVITIES AND FUTURE DEVELOPMENTS** A full review of the activities of the charity and ongoing developments is included in the 2020/2021 Annual Report. ## **FINANCIAL REVIEW** During the year the charity booked a gross operating gain of £14,314.17 in liquid assets and depreciation in fixed assets of £4,896.04 resulting in a net operating gain of £9,418.13 shown on the statement of financial activities on page 6 of the accounts. The upward revision to premises rental charges has also contributed to the reduced operating gain in comparison to previous years. All the charity’s assets are held for the furtherance of the charity’s objectives and are adequate and sufficient to meet the charity’s obligations. ## **TRUSTEES** The trustees who served during the year who are also members of the charitable company are as follows:- Mrs. M. Mayne Mrs. H. Thorne Mrs. N. Shaw Mr. K. Panesar Mr. M. James Mr. R. A. Sharma Mrs. L. Moffat **t** Mr. I. Narayanan Mr. S. Dharni ## **TRUSTEES RESPONSIBILITIES** Charity law requires the trustees to prepare financial statements for each financial year, which give a fair and true view of the state of affairs of the charity as at the end of the financial year and of the net income or expenditure of the charity for that period. In preparing those financial statements, the trustees are required to: - Select suitable accounting policies and then apply them consistently - Make judgements and estimates that are reasonable and prudent - - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue to operate. - 4 - **CRAWLEY YOUTH AND COMMUNITY CENTRE** ## **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** **__________________________________________________________________________________________** The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time, the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The above report has been prepared in accordance with the special provisions 393 of the Companies Act 2006 relating to small companies. By order of the board: Secretary K. Panesar - 5 - **CRAWLEY YOUTH AND COMMUNITY CENTRE** **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** **__________________________________________________________________________________________** ## **Summary Income and expenditure account** |||||2020
Total
£
-
-
-
59,991.5
2
59,991.5
2
-
59,361.5
5
5,757.06
65,118.6
1
**-**
**5,127.0**
**9**
56,571.8
5
51,444.7
6| |---|---|---|---|---| ||Unrestrict
ed
Funds|Restricte
d
Funds|2021|| |||||| ||||Total|| ||||£|| |Subscriptions
Received||||| |Donations
Received||||| |Grants received|||25,000.0
0|| |Other income|||34,125.7
8|| |Interest received||||| |||||| |**Total incoming**
**resources**|-|-|59,125.7
8|| |**Resources**
**expended**|||-|| |Direct charitable
expenditure|||44,811.6
1|| |Depreciation|||4,896.04|| |Administrative
Expenditure|||49,707.6
5|| |**Net incoming/**
**(outgoing)**
**resources**|||**9,418.1**
**3**|| |**FUNDS**
**BROUGHT**
**FORWARD**|||51,444.7
6|| |**FUNDS CARRIED**
**FORWARD**|||60,862.8
9|| |||||| ## **Continuing operations** Refer to Notes on Accounts items 1, 2, 3, 4 and 5 for the impact of COVID on the operations of the Centre during the period March 2020 to March 2021. None of the charitable company’s activities were acquired or discontinued during the year prior to the year ending March 2020. ## **Total recognised gains and losses** The charitable company has no recognised gains or losses other than those dealt with in the statement of financial activities - 6 - **CRAWLEY YOUTH AND COMMUNITY CENTRE** **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** **__________________________________________________________________________________________** |**BALANCE**
**SHEET**||| |---|---|---| |**FIXED ASSETS**|2021|2020| ||£|£| |Tangible Assets|32,651.8
2|37,547.8
6| |**CURRENT**
**ASSETS**||| |Cash and Bank|38,410.3
7|24,865.5
2| |TOTAL CURRENT
ASSETS|71,062.1
9|62,413.3
8| |**CURRENT**
**LIABILITIES**|8,093.32|10,968.6
2| |NET CURRENT
ASSETS|62,968.6
7|51,444.7
6| |**TOTAL ASSETS**|62,968.6
7|51,444.7
6| |||| |**REPRESENTED**
**BY:**||| |||| |**GENERAL**
**FUNDS**|62,968.6
7|51,444.7
6| |||| |**RESTRICTED**
**FUNDS**||| |||| |**TOTAL FUNDS**|62,968.6
7|51,444.7
6| |||| |||| The directors acknowledge their responsibility for preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year March 2019 and of its profit or loss for the financial year in accordance with the requirement of section 393, and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as it is applicable to the company. i. The directors acknowledge their responsibility for ensuring the company keeps accounting records, which comply with Section 386 of the Companies Act 2006. - 7 - **CRAWLEY YOUTH AND COMMUNITY CENTRE** ## **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** ## **__________________________________________________________________________________________** ii. The members have not required the company to obtain an audit in accordance with section 476, of the Companies Act 2006. iii. For the year ending 31/3/2017 the company was entitled to exemption from audit under section 477 (2) of the Companies Act to small 2006 relating companies. K P Panesar ____________________________ Secretary Dated ________________ ## **1. STATEMENT OF ACCOUNTING POLICIES** The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice ‘Accounting for Charities’. ## **Cash Flow** The charity has taken advantage of the exemption in Financial Reporting Standard 1 from the requirement to produce cash flow statement. ## **Donations** Donations represent actual monies received. ## **Support Costs** In accordance with the Statement of Recommended Practice, support costs have not been separately disclosed on the basis that they are not easily identifiable and therefore are included in direct charitable expenditure. ## **Depreciation of Tangible Fixed Assets** Depreciation is provided at the following annual rates in order to write off each asset over its useful life: Plant and machinery 20% reducing balance Equipment Building Roofing 10% reducing balance - 8 - **CRAWLEY YOUTH AND COMMUNITY CENTRE** **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** **__________________________________________________________________________________________** ## **NOTES ON ACCOUNTS** ## **1. COVID -19 Pandemic and its impact on the operations** The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The UK Government made Covid-19 a notifiable disease on 5 March 2020 and advised many businesses to close on 16 March. The consequences of the coronavirus disease (COVID-19) outbreak are unprecedented and felt around the world including Crawley Youth Centre (CYC). In addition to the threat to public health, the economic and social disruption threatens the long-term livelihoods and wellbeing of millions in our Society. The pandemic is heavily affecting labour markets, economies and enterprises, including global supply chains, leading to widespread business disruptions. Due to the lockdown declared by the UK Government, the Centre had to close down from March 2020 to October 2020, except, during this period Honeypots continued to use their rented premises to support and provide day care needs for families of essential workers. The lockdown also impacted our own Boxing club, lessees - NWS and Vicky’s Dance class. ## 2. **Grant from the Crawley Council** The Board is grateful to CBC for recognising the economic situation caused the lockdown and granting the Centre £25,000. The funds have helped in maintaining the Centre premises to required minimal standards. ## 3. **Grant from Gatwick Airport Community Trust (GACT)** In March 2021, one of our Trustee / Directors Laura Moffatt and the Centre Manager Pat Nelson, initiated discussions for a grant from GACT to help with upgrading the Boxing club. The final grant application submitted early April 2021, by Trustee Director Laura Moffatt in early April 2021 was approved and a sum of £5000.00 was received end April 2021. This grant will be reflected in the financial statements for the period ending March 2022. ## 4. **Additional Grant from Crawley Borough Council (CBC** ) In June 2021, per application submitted by the Centre Manager Pat Nelson, CBC approved an additional grant for £12,000. The Grant was received in June 2021 will be reflected in in the financial statements for the period ending March 2022. ## **5. Premises Rental** The Centre Premises is leased from Crawley Borough Council (C.B.C) at quarterly rent of £1092.50. ## 6. **Premises – building improvements/maintenance works, costs during the year April 2020-March 2021** No improvements to Leasehold Building undertaken during the reporting period. - 9 - ## **CRAWLEY YOUTH AND COMMUNITY CENTRE** ## **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** ## **__________________________________________________________________________________________** ## **2. ADMINISTRATIVE EXPENDITURE** **----- Start of picture text -----**
2021 2020
£ £
Legal and Professional Fees - -
Accountancy - -
====== ======
0.00 0.00
======
======
3. GRANTS RECEIVED
2021 2020
Unrestrict Restricted Total Total
ed £ £ £
£
--
Crawley Borough 25,000 25,000.00
Council
4. NET OUTGOING RESOURCES
Net outgoing is stated 2021 2020
£ £
Depreciation of fixed assets 4,896.04 5,757.06
**----- End of picture text -----**
## 5. **CORPORATION TAX** The charity is not subject to corporation tax or any other taxes on income or gains arising from its charitable objectives. ## **6. TANGIBLE FIXED ASSETS** ||Building|| |---|---|---| ||Improvements|Plant and| |||Machinery Etc.| |Cost:||£| |At 1 April 2020/19|26,135.34|11,412.52| |Additions||| |Disposals 0.00||| |At 31 March 2021/20||| |(Gross)|26,135.34|11,412.52| |Depreciation Rate||| |10%|10%|20%| |Depreciation:|2613.534|2282.504| - 10 - **CRAWLEY YOUTH AND COMMUNITY CENTRE** ## **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** **__________________________________________________________________________________________** At 31 March 2021/20 (Nett) 23,521.81 9,130.02 Total Depreciation 4896.04 - 11 - **CRAWLEY YOUTH AND COMMUNITY CENTRE** ## **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** **__________________________________________________________________________________________** ## **CRAWLEY YOUTH CENTRE** ## **TRUSTEES INFORMATION** **FOR THE YEAR ENDED 31 MARCH 2021** - 12 - ## **CRAWLEY YOUTH AND COMMUNITY CENTRE** ## **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** **__________________________________________________________________________________________** |**INCOMING RESOURCES**||| |---|---|---| ||2021|2020| ||£|| |Grants and Donations||25,000.0| |(Note 2)||0| |Grants Restricted||| |Other Income /Hall||34,125.7| |Rental||8| |**TOTAL**||| |**OUTGOING**||| |**RESOURCES**||| |Direct charitable||44,811.6| |expenditure||1| |NET||| |(OUTGOING/INCOMING||| |RESOURCES)||| - 13 - **CRAWLEY YOUTH AND COMMUNITY CENTRE** **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** **__________________________________________________________________________________________** ## **DIRECT CHARITABLE EXPENDITURE** ||**2021**
**2020**| |---|---| ||**£**
**£**| |Cleaning and Maintenance|8,086.00
21,836.40| |Utilities
(Gas/Electric/Water/Refuse)|5,823.83
5,848.65| |Rent and Rates|6,447.46
4,147.40| |Telephone / Broadband
|429.92
838.25| |Entries & afliations|| |Equipment hire & rental
|770.29| |Hospitality / staf welfare|| |Postage & Stationery, Bank
Charges|144.82
443.76| |Boiler|| |Fees, Insurance & Wages|23,879.58
25,476.80| ||| |Accountancy Fees|| |Depreciation|4,896.0
4
5,757.
06| ||| |**TOTAL**|49,707.65
65,118.61| - 14 - **CRAWLEY YOUTH AND COMMUNITY CENTRE** **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** **__________________________________________________________________________________________** ## **CRAWLEY YOUTH AND COMMUNITY CENTRE** (A company limited by guarantee) REGISTERED NUMBER: 3317786 REGISTERED CHARTY NO: 1063751 ## **FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31[ST] MARCH 2021** - 1 - **CRAWLEY YOUTH AND COMMUNITY CENTRE** **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** **__________________________________________________________________________________________** |**Contents**|**Pages**| |---|---| |Directors and Trustees|3| |Report of the Trustees and Directors|4-5| |Statement of Financial Activities|6| |Balance Sheet|7| |Notes to the Financial Statements|8-12| - 2 - **CRAWLEY YOUTH AND COMMUNITY CENTRE** **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** **__________________________________________________________________________________________** ## **DIRECTORS AND TRUSTEES** Mr. M. James Mrs. M. Mayne Mrs. L. Moffatt Mrs. N.Shaw. Mr K. Panesar Mr. R.A.Sharma Mr. I. Narayanan Mr. Subodh Dharni ## **SECRETARY** Mr. K. Panesar ## **CHAIRMAN** Mr M James ## **TREASURER** Mr I.Narayanan ## **HON. LIFE PRESIDENT** Mr P. Longley ## **HON. LIFE MEMBERS** **REGISTERED OFFICE** Longmere Road, Crawley, West Sussex. RH10 8ND ## **BUSINESS ADDRESS** Longmere Road, Crawley, West Sussex. RH10 8ND ## **PRINCIPAL BANKERS** CAFCASH Limited, Kings Hill, West Malling, Kent. ME19 4TA The directors and trustees present their annual report with the financial statements of the charitable company for the year ended 31[st] March 2021. ## **LEGAL AND ADMINISTRATIVE** The company (a charitable company limited by guarantee and not having a share capital) was incorporated on 13[th] February 1997. Crawley Youth Centre (CYCC) applied for and was granted charitable status. Its charity registration Number is 1063751. - 3 - **CRAWLEY YOUTH AND COMMUNITY CENTRE** **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** **__________________________________________________________________________________________** The company changed its name to Crawley Youth and Community Centre. On 6[th] December 2011. (Submission No 018-115731) The objectives of the charitable company are: 1. To help and educate young people resident in the Borough and District of Crawley through their leisure time activities and so to develop their physical, mental and spiritual capacities so that they may grow to full maturity as individuals and members of society and that their condition of life be improved. 2. To offer adult members of the community. Particularly the elderly, leisure activities to enhance their everyday lives. ## **REVIEW OF ACTIVITIES AND FUTURE DEVELOPMENTS** A full review of the activities of the charity and ongoing developments is included in the 2020/2021 Annual Report. ## **FINANCIAL REVIEW** During the year the charity booked a gross operating gain of £14,314.17 in liquid assets and depreciation in fixed assets of £4,896.04 resulting in a net operating gain of £9,418.13 shown on the statement of financial activities on page 6 of the accounts. The upward revision to premises rental charges has also contributed to the reduced operating gain in comparison to previous years. All the charity’s assets are held for the furtherance of the charity’s objectives and are adequate and sufficient to meet the charity’s obligations. ## **TRUSTEES** The trustees who served during the year who are also members of the charitable company are as follows:- Mrs. M. Mayne Mrs. H. Thorne Mrs. N. Shaw Mr. K. Panesar Mr. M. James Mr. R. A. Sharma Mrs. L. Moffat **t** Mr. I. Narayanan Mr. S. Dharni ## **TRUSTEES RESPONSIBILITIES** Charity law requires the trustees to prepare financial statements for each financial year, which give a fair and true view of the state of affairs of the charity as at the end of the financial year and of the net income or expenditure of the charity for that period. In preparing those financial statements, the trustees are required to: - Select suitable accounting policies and then apply them consistently - Make judgements and estimates that are reasonable and prudent - - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue to operate. - 4 - **CRAWLEY YOUTH AND COMMUNITY CENTRE** ## **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** **__________________________________________________________________________________________** The trustees are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time, the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The above report has been prepared in accordance with the special provisions 393 of the Companies Act 2006 relating to small companies. By order of the board: Secretary K. Panesar - 5 - **CRAWLEY YOUTH AND COMMUNITY CENTRE** **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** **__________________________________________________________________________________________** ## **Summary Income and expenditure account** |||||2020
Total
£
-
-
-
59,991.5
2
59,991.5
2
-
59,361.5
5
5,757.06
65,118.6
1
**-**
**5,127.0**
**9**
56,571.8
5
51,444.7
6| |---|---|---|---|---| ||Unrestrict
ed
Funds|Restricte
d
Funds|2021|| |||||| ||||Total|| ||||£|| |Subscriptions
Received||||| |Donations
Received||||| |Grants received|||25,000.0
0|| |Other income|||34,125.7
8|| |Interest received||||| |||||| |**Total incoming**
**resources**|-|-|59,125.7
8|| |**Resources**
**expended**|||-|| |Direct charitable
expenditure|||44,811.6
1|| |Depreciation|||4,896.04|| |Administrative
Expenditure|||49,707.6
5|| |**Net incoming/**
**(outgoing)**
**resources**|||**9,418.1**
**3**|| |**FUNDS**
**BROUGHT**
**FORWARD**|||51,444.7
6|| |**FUNDS CARRIED**
**FORWARD**|||60,862.8
9|| |||||| ## **Continuing operations** Refer to Notes on Accounts items 1, 2, 3, 4 and 5 for the impact of COVID on the operations of the Centre during the period March 2020 to March 2021. None of the charitable company’s activities were acquired or discontinued during the year prior to the year ending March 2020. ## **Total recognised gains and losses** The charitable company has no recognised gains or losses other than those dealt with in the statement of financial activities - 6 - **CRAWLEY YOUTH AND COMMUNITY CENTRE** **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** **__________________________________________________________________________________________** |**BALANCE**
**SHEET**||| |---|---|---| |**FIXED ASSETS**|2021|2020| ||£|£| |Tangible Assets|32,651.8
2|37,547.8
6| |**CURRENT**
**ASSETS**||| |Cash and Bank|38,410.3
7|24,865.5
2| |TOTAL CURRENT
ASSETS|71,062.1
9|62,413.3
8| |**CURRENT**
**LIABILITIES**|8,093.32|10,968.6
2| |NET CURRENT
ASSETS|62,968.6
7|51,444.7
6| |**TOTAL ASSETS**|62,968.6
7|51,444.7
6| |||| |**REPRESENTED**
**BY:**||| |||| |**GENERAL**
**FUNDS**|62,968.6
7|51,444.7
6| |||| |**RESTRICTED**
**FUNDS**||| |||| |**TOTAL FUNDS**|62,968.6
7|51,444.7
6| |||| |||| The directors acknowledge their responsibility for preparing accounts which give a true and fair view of the state of affairs of the company as at the end of the financial year March 2019 and of its profit or loss for the financial year in accordance with the requirement of section 393, and which otherwise comply with the requirements of the Companies Act relating to accounts, so far as it is applicable to the company. i. The directors acknowledge their responsibility for ensuring the company keeps accounting records, which comply with Section 386 of the Companies Act 2006. - 7 - **CRAWLEY YOUTH AND COMMUNITY CENTRE** ## **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** ## **__________________________________________________________________________________________** ii. The members have not required the company to obtain an audit in accordance with section 476, of the Companies Act 2006. iii. For the year ending 31/3/2017 the company was entitled to exemption from audit under section 477 (2) of the Companies Act to small 2006 relating companies. K P Panesar ____________________________ Secretary Dated ________________ ## **1. STATEMENT OF ACCOUNTING POLICIES** The financial statements have been prepared under the historical cost convention and in accordance with the Statement of Recommended Practice ‘Accounting for Charities’. ## **Cash Flow** The charity has taken advantage of the exemption in Financial Reporting Standard 1 from the requirement to produce cash flow statement. ## **Donations** Donations represent actual monies received. ## **Support Costs** In accordance with the Statement of Recommended Practice, support costs have not been separately disclosed on the basis that they are not easily identifiable and therefore are included in direct charitable expenditure. ## **Depreciation of Tangible Fixed Assets** Depreciation is provided at the following annual rates in order to write off each asset over its useful life: Plant and machinery 20% reducing balance Equipment Building Roofing 10% reducing balance - 8 - **CRAWLEY YOUTH AND COMMUNITY CENTRE** **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** **__________________________________________________________________________________________** ## **NOTES ON ACCOUNTS** ## **1. COVID -19 Pandemic and its impact on the operations** The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The UK Government made Covid-19 a notifiable disease on 5 March 2020 and advised many businesses to close on 16 March. The consequences of the coronavirus disease (COVID-19) outbreak are unprecedented and felt around the world including Crawley Youth Centre (CYC). In addition to the threat to public health, the economic and social disruption threatens the long-term livelihoods and wellbeing of millions in our Society. The pandemic is heavily affecting labour markets, economies and enterprises, including global supply chains, leading to widespread business disruptions. Due to the lockdown declared by the UK Government, the Centre had to close down from March 2020 to October 2020, except, during this period Honeypots continued to use their rented premises to support and provide day care needs for families of essential workers. The lockdown also impacted our own Boxing club, lessees - NWS and Vicky’s Dance class. ## 2. **Grant from the Crawley Council** The Board is grateful to CBC for recognising the economic situation caused the lockdown and granting the Centre £25,000. The funds have helped in maintaining the Centre premises to required minimal standards. ## 3. **Grant from Gatwick Airport Community Trust (GACT)** In March 2021, one of our Trustee / Directors Laura Moffatt and the Centre Manager Pat Nelson, initiated discussions for a grant from GACT to help with upgrading the Boxing club. The final grant application submitted early April 2021, by Trustee Director Laura Moffatt in early April 2021 was approved and a sum of £5000.00 was received end April 2021. This grant will be reflected in the financial statements for the period ending March 2022. ## 4. **Additional Grant from Crawley Borough Council (CBC** ) In June 2021, per application submitted by the Centre Manager Pat Nelson, CBC approved an additional grant for £12,000. The Grant was received in June 2021 will be reflected in in the financial statements for the period ending March 2022. ## **5. Premises Rental** The Centre Premises is leased from Crawley Borough Council (C.B.C) at quarterly rent of £1092.50. ## 6. **Premises – building improvements/maintenance works, costs during the year April 2020-March 2021** No improvements to Leasehold Building undertaken during the reporting period. - 9 - ## **CRAWLEY YOUTH AND COMMUNITY CENTRE** ## **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** ## **__________________________________________________________________________________________** ## **2. ADMINISTRATIVE EXPENDITURE** **----- Start of picture text -----**
2021 2020
£ £
Legal and Professional Fees - -
Accountancy - -
====== ======
0.00 0.00
======
======
3. GRANTS RECEIVED
2021 2020
Unrestrict Restricted Total Total
ed £ £ £
£
--
Crawley Borough 25,000 25,000.00
Council
4. NET OUTGOING RESOURCES
Net outgoing is stated 2021 2020
£ £
Depreciation of fixed assets 4,896.04 5,757.06
**----- End of picture text -----**
## 5. **CORPORATION TAX** The charity is not subject to corporation tax or any other taxes on income or gains arising from its charitable objectives. ## **6. TANGIBLE FIXED ASSETS** ||Building|| |---|---|---| ||Improvements|Plant and| |||Machinery Etc.| |Cost:||£| |At 1 April 2020/19|26,135.34|11,412.52| |Additions||| |Disposals 0.00||| |At 31 March 2021/20||| |(Gross)|26,135.34|11,412.52| |Depreciation Rate||| |10%|10%|20%| |Depreciation:|2613.534|2282.504| - 10 - **CRAWLEY YOUTH AND COMMUNITY CENTRE** ## **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** **__________________________________________________________________________________________** At 31 March 2021/20 (Nett) 23,521.81 9,130.02 Total Depreciation 4896.04 - 11 - **CRAWLEY YOUTH AND COMMUNITY CENTRE** ## **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** **__________________________________________________________________________________________** ## **CRAWLEY YOUTH CENTRE** ## **TRUSTEES INFORMATION** **FOR THE YEAR ENDED 31 MARCH 2021** - 12 - ## **CRAWLEY YOUTH AND COMMUNITY CENTRE** ## **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** **__________________________________________________________________________________________** |**INCOMING RESOURCES**||| |---|---|---| ||2021|2020| ||£|| |Grants and Donations||25,000.0| |(Note 2)||0| |Grants Restricted||| |Other Income /Hall||34,125.7| |Rental||8| |**TOTAL**||| |**OUTGOING**||| |**RESOURCES**||| |Direct charitable||44,811.6| |expenditure||1| |NET||| |(OUTGOING/INCOMING||| |RESOURCES)||| - 13 - **CRAWLEY YOUTH AND COMMUNITY CENTRE** **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[ST] MARCH 2021** **__________________________________________________________________________________________** ## **DIRECT CHARITABLE EXPENDITURE** ||**2021**
**2020**| |---|---| ||**£**
**£**| |Cleaning and Maintenance|8,086.00
21,836.40| |Utilities
(Gas/Electric/Water/Refuse)|5,823.83
5,848.65| |Rent and Rates|6,447.46
4,147.40| |Telephone / Broadband
|429.92
838.25| |Entries & afliations|| |Equipment hire & rental
|770.29| |Hospitality / staf welfare|| |Postage & Stationery, Bank
Charges|144.82
443.76| |Boiler|| |Fees, Insurance & Wages|23,879.58
25,476.80| ||| |Accountancy Fees|| |Depreciation|4,896.0
4
5,757.
06| ||| |**TOTAL**|49,707.65
65,118.61| - 14 - Complete Accounting Professional Limited 46, Throwley Way Sutton Surrey SMI 4AF Tdephone.. 0203 1962880 Mobile.. 07956392860 E-rD"all.. ts@accountlllgprofessional.co.uk wWw.ac￿Unti￿8Pr0fe5slonal.Cts.Uk Ol" October 2020. INDEPENDENT EXAMINEKS REPORT Oraanlsallon Nam•: CRAWLEY YOUTH AND COMMUNITY CENTrE We have Carried out and independent re¥iew on the financlal statements of trdw* Youth and Community Centre (Charity Re8lStration number: 10637511 for the year ended 31" March 2021. Based on the a¢¢ountSn8 re¢ords and related explanat5ons prurf￿ed to us, we hereby certify that these accounts are true and accurate. For the year endlng 31° March 2021 the company wa5 entitled to exemption from audlt under sertion 477121 of the Companles Act to small 2(￿ relatin8 companies. therefore a dètslled full audit ha5 not been ￿TrIed out. The directors aCknO￿edge their responsibllity for preparlng accounts whkh glve a true and fair view of the state of affairs of the company as at the end of the financial year March 2021. Yours slncerety. T.Suvendran DirertorlAccountant Re8lstered offi￿. 46. Thmwley Way. Coulsdon, Sllrrey SM14AF. Registered in Enwand f4th 091)45